Are these terms favorable for buying a house to rent

[Shedrick Archangel]

I found a potential rental house for $129,000.00.  The property is a 4 bedroom 2 bath.   The owner is willing to sell the house using owner financing. Also, rent in the area is $1000.00 - $1200.00.  What do you think of the terms?

Terms:

Owner financing it 20 thousand down preferred. but may work with 15 or more down. 9.5% interest for 20, 25 or 30 year, no escrow. no prepayment penalty and no origination charges for loan. The property is sold as is.